Topic: Digital money or virtual currency? - page 17. (Read 4168 times)
I personally call the digital money because the current BTC has been accepted in life service payments.
If i am not mistaken, your country knows that bitcoin is just a currency used in paying online and online alone?. This is particularly wrong. It is just normal to a country which has a low cryptocurrency adoptation rate. They can understand the cryptocurrencies function in time when it gets popular to your country. Its a good start indeed. Atleast they are aware that bitcoin exists.
Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
then they don't understand cryptocurrency properly , only interest in volatility of price and hope of making profits from this volatile market .
it is highly volatile no doubt in that but same time it is future technology and many countries will transform their banking system into blockchain technology in future .
my country is the same and the reason is because they do not make any research and are afraid of change because they can`t keep the trace with the new tech very easily.
I would advice your government to make research about bitcoin and digital currency because it is very beneficial to the people and the economy of the country so it will be good if they will allow to use it by the people of the country, in my country digital currency is being use more than virtual currency because we know the scope and demand of digital currency all over the world now.The cryptocurrency sphere is evolving and taking the entire global economy to the next level. So if the citizens of your country do not see Bitcoin and other alt coins as a solid means of payment now, believe you me they would in the Nearest future as soonest cryptocurrencies would be generally accepted in shopping malls, banks(as is already evident in developed economies like U.K, where you can make cryptocurrency transactions through ATMs(Automated Teller Machines)
I do not think that is going to happen in the near future but while some get discouraged by this to me this is good news this mean we still have a considerable amount of time to invest in cryptocurrencies that way, when the rest of the world realize they have been mistaken about their opinions about bitcoin we will be way ahead of them and they will have to pay a fortune to get our coins.
The basics of digital money is listed but is subject to the acceptance by the Government of each country.
Similarly in my country, bitcoin is considered as virtual currency. It can be used for purchasing things but it treated as barter. Unfortunately, bitcoin isn’t treated as legitimate payment option. It is not illegal to use bitcoin but since it doesn’t have legal protection, our position as buyer using bitcoin is weak.
Yeah bitcoin is a popular virtual currency on the internet, actually there are many parties who accept bitcoin on the internet, but different in real life where very rarely shop that accept payment with this virtual currency in my country, whereas virtual currency should be more desirable because of decentralization factormy country is the same and the reason is because they do not make any research and are afraid of change because they can`t keep the trace with the new tech very easily.
I would advice your government to make research about bitcoin and digital currency because it is very beneficial to the people and the economy of the country so it will be good if they will allow to use it by the people of the country, in my country digital currency is being use more than virtual currency because we know the scope and demand of digital currency all over the world now.
Each country has to accept the BTC or not see the problem.
Not everyone can accept cryptocurrency. Whereas cryptocurrency can facilitate our life. Those who do not know about cryptocurrency because of their low education and less access to information about cryptocurrency.
I think now crypto currency is the most famous and well known currency now a day and almost everyone is aware of the benefits that crypto currency can give us, we are real investors of bitcoin and digital currency so I know the worthy of it, I have found bitcoin the most interesting, safe, easy and reliable way to pay for all kind of goods that we want to have in our life so for me digital currency is such a blessing.
The cryptocurrency sphere is evolving and taking the entire global economy to the next level. So if the citizens of your country do not see Bitcoin and other alt coins as a solid means of payment now, believe you me they would in the Nearest future as soonest cryptocurrencies would be generally accepted in shopping malls, banks(as is already evident in developed economies like U.K, where you can make cryptocurrency transactions through ATMs(Automated Teller Machines)
With the current downtrend market may say it is:) bubbles
Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?
The use of digital money is a long period of time still used by many people, but for me I would rather have the virtual currency today, because it is quick to earn income on virtual currency when there is a big investment that you know how to use it. Many wealthy today or other countries use virtual currency to invest. I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?
Similarly in my country, bitcoin is considered as virtual currency. It can be used for purchasing things but it treated as barter. Unfortunately, bitcoin isn’t treated as legitimate payment option. It is not illegal to use bitcoin but since it doesn’t have legal protection, our position as buyer using bitcoin is weak.
Yeah bitcoin is a popular virtual currency on the internet, actually there are many parties who accept bitcoin on the internet, but different in real life where very rarely shop that accept payment with this virtual currency in my country, whereas virtual currency should be more desirable because of decentralization factor
Both but I must preferably like digital money. It's easy to use anytime anywhere..
Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?
in my country almost the same as your country, the government thinks blockchain techhology does not help anything ... but after many successful people with blockchain technology then the government began to open up to accept blockchain technology ..I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?
with the level of technology advancement in the world, digital money will soon be a legal tender. though there are some countries of the world that does not allow cryptocurries to enter their economy but that doesnt mean other countries are not accepting it. digital currency is not a fraud
Well, I think that it's better all the same, probably electronic money, but more practical than real money. So it's hard to choose what's there, that there you can be robbed, so the choice is complicated, but it's better to choose an e-currency
my country is the same and the reason is because they do not make any research and are afraid of change because they can`t keep the trace with the new tech very easily.
Similarly in my country, bitcoin is considered as virtual currency. It can be used for purchasing things but it treated as barter. Unfortunately, bitcoin isn’t treated as legitimate payment option. It is not illegal to use bitcoin but since it doesn’t have legal protection, our position as buyer using bitcoin is weak.
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